Coolangatta at a glance
7,434
People
$1,975,000
Median sale
$811/wk
Median rent
2.14%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
QLD › Coolangatta › Garrick St
$1,795,000
For sale
Asking
3
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,795,000
Asking
No recorded sale for this property.
Coolangatta at a glance
7,434
People
$1,975,000
Median sale
$811/wk
Median rent
2.14%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Coolangatta
-9.1%
Median sale
Suburb $1,975,000
+0.21 pp
Gross yield
Suburb 2.14%
Suburb median $1,975,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$95,229 on top of the price (5.3% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Coolangatta's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $811/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Coolangatta at a glance
7,434
People
$1,975,000
Median sale
$811/wk
Median rent
2.14%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Sophie CarterA tightly held address of just six residences, Rainforest Apartments is one of Coolangatta's most exclusive residential buildings. Elevated on sought after Garrick Hill, this beautifully appointed apartment offers a rare combination of privacy, space and effortless coastal living, all enhanced by ocean glimpses, cooling sea breezes and sweeping skyline views.
From the moment you step inside, there is an immediate sense of calm. Designed and built by a renowned local luxury apartment builder, the residence showcases expansive open plan living, quality finishes and abundant natural light throughout. Offering three bedrooms and a thoughtfully designed floor plan, this home balances everyday functionality with relaxed sophistication.
The recently refreshed kitchen seamlessly connects with the living and entertaining spaces. Updated in March 2025, it features elegant timber cladding, fresh white cabinetry, cream stone benchtops, island seating and premium AEG appliances. Expansive bifold doors open completely to create a seamless transition between indoor and outdoor living, inviting the coastal lifestyle inside.
The spacious living and dining area extends effortlessly to a private alfresco retreat where natural stone feature walls, custom cabinetry, integrated bar facilities and a timber lined ceiling create the perfect setting to entertain family and friends or simply unwind at the end of the day in complete privacy.
The master suite is a true sanctuary, complete with an oversized walk in robe and beautifully appointed ensuite featuring a freestanding bath, double vanity and quality finishes throughout. A second bathroom, full laundry and extensive storage ensure the home remains as practical as it is beautiful.
What truly sets this property apart is the lifestyle it offers. Leave the car at home and enjoy morning walks along the beach, coffee from your favourite local café, afternoons spent exploring the crystal clear waterways of Rainbow Bay and Snapper Rocks, and evenings dining in one of Coolangatta's many restaurants. Whether you're swimming, surfing, cycling the coastal pathways or simply enjoying the vibrant village atmosphere, everything you love about Southern Gold Coast living is right at your doorstep.
FURTHER ATTRIBUTES
- East facing aspect
- Secure underground parking with intercom entry, tandem parking for two vehicles + storage cage
- Balinese style communal swimming pool space
- Building was externally repainted approximately six months ago
- Professionally maintained common areas
- Well managed body corporate
Low maintenance by design and immaculately presented throughout, this is a complete home offering the perfect balance of luxury, convenience and lifestyle. Whether you're seeking a permanent residence, lock and leave coastal retreat or downsizing opportunity without compromise, Rainforest Apartments delivers an exceptional standard of living in one of Coolangatta's most tightly held addresses.
LOCATION
- Coolangatta Beachfront : 800 m
- Rainbow Bay Beachfront : 2.0 km
- The Strand Shopping Center : 800 m
- Gold Coast Airport : 2.1 km
- Tweedvalley Hospital : 14 km
- John Flynn Private Hospital : 5.8 km
Disclaimer: The information contained herein has been provided to Sophie Carter Exclusive Properties by third parties. While all care has been taken, we do not warrant its accuracy and disclaim all liability for any errors or omissions. Interested parties should undertake their own due diligence and seek independent legal and financial advice. Pricing and property details may change at any time without notice.
Listing description written by Sophie Carter, Sophie Carter — reproduced as published, not verified by Districts.